Gazprom's net profit for 2023 decreased by 7%

According to customs declarations, from January to October of this year, Azerbaijan exported 21.34 bcm of natural gas, the monthly report by the State Customs Committee of Azerbaijan.

Yesterday, during the COP29 conference, Azerbaijan's Ministry of Energy announced the winner of its first renewable energy auction, which will be supported by the European Bank for Reconstruction and Development (EBRD). The winner for the Gobustan Solar Power Plant, with a capacity of 100 MW, is the Chinese company Universal International Holdings Limited, which offered the lowest price per kWh of electricity.

A Memorandum of Understanding (MoU) has been signed between Azerbaijan's Renewable Energy Agency (AREA) under the Ministry of Energy, local company “Clean Energy Invest” LLC, and Turkish company “Baltech Green” for the development of a wind power plant in Kelbajar. According to AREA, the project will be implemented in a unique location at an altitude of 3,100 meters. Private companies will establish a joint venture for the project.

U.S. President Donald Trump intends to resume the construction of the “Keystone XL” pipeline at the Canadian border, Politico reported, citing sources. According to the report, "Trump hopes to start the “Keystone XL” project on his first day in office, January 20, 2025."